HalalEat extends crowdfunding campaign, talks possible acquisition

  • HalalEat, the United Kingdom’s first halal food delivery service, has extended its crowdfunding campaign to target 50 percent overfunding after it achieved its original goal of 100,029 British pounds ($130,408) in 36 days.
  • The start-up has until the end of September to reach 150,000 pounds, although it does not necessarily have to reach that target.
  • Around 90 percent of investors are non-Muslims.
  • HalalEat was launched in November 2015 and has so far been bootstrapped. It is valued at 1,328,226 pounds ($1,731,608) pre-crowdfunding and is offering investors 7 percent equity.

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